“Most cattle marketers expect offerings to become extremely tight through the spring months with most light cattle turned out and very few yearling feeder cattle left to sell,” AMS analysts say.

Compared to the previous week, feeder and stocker cattle sold unevenly steady to $2 lower last week, with several instances as much as $5 lower. According to AMS, the full decline was noted on both calves and yearlings in major auctions markets and in Texas direct trade on weights heavier than 800 lbs. 

To be fair, heavy, widespread rains curtailed auction receipts and demand in some areas.

A couple of week ago, AMS analysts summed it up this way: , “…the feedlot replacement market seems to have hit a wall and could be in a holding pattern until supplies become much tighter or fat cattle bust completely through the $130/cwt. barrier.”  The summary below reflects the week ended March 23 for Medium and Large 1 – 500- to 550-lb., 600- to 650-lb. (calves), and 700- to 750-lb. feeder heifers and steers (unless otherwise noted). The list is arranged in descending order by auction volume and represents sales reported in the weekly USDA National Feeder and Stocker Cattle Summary:

 
Summary Table
State Volume Steers Heifers
Calf Weight 500-550 lbs. 600-650 lbs. 700-750 lbs. 500-550 lbs. 600-650 lbs. 700-750 lbs.
Dakotas 30,000
SD
ND

$195.13
$190.80

$173.19
$171.56

$162.47
$159.69

$172.12
$163.61

$160.54
$156.23

$147.89
$146.05
MO 28,600 $188.12 $169.99 $157.66 $162.32 $155.15 $141.70
OK 21,700 $195.04 $179.54 $160.90 $168.60 $156.80 $144.52
KY* 18,400 $179.95 $162.22 $146.68 $157.09 $142.67 $138.77
NE 11,600 $199.91 $177.52 $161.46 $173.81 $157.62 $147.84
KS 10,500 $198.04 $176.58 $155.48 $168.05 $156.37 $143.84
AL 8,800 $182.57 $147.42 $140.826 $160.43 $145.99 $130.005
IA 8,000 $189.12 $170.10 $157.23 $163.04 $159.36 $145.19
GA*** 8,000 $157-179 $140-170 $128-150 $145-164 $125-153 $118-138
TN* 7,500 $174.74 $159.82 $146.02 $156.44 $141.28 $128.86
WY 7,400 $190.04 $177.90 $157.44 $180.01 $155.67 $147.59
FL* 7,300 $160-190 $145-160 $141-143 $145-165 $130-157.50 $134-1424
TX 7,300 $193.42 $176.34 $157.62 $165.91 $155.60 $144.52
Carolinas* 6,800 $138-185 $133-167 $129-143.50 $133-162 $120-146 $115-136
AR 6,400 $186.06 $166.96 $160.334 $159.71 $148.52 $143.104
MS* 5,700 $170-180 $150-160 $130-1405 $145-1551 $140-150 $111-1305
VA 4,700 $175.51 $163.61 $151.37 $154.27 $150.06 $126.82
CO 3,900 $194.00 $168.56 $152.20 $172.49 $154.47 $141.86
NM 3,900 $184.03 $163.67 $150.856 $163.93 $155.262 $133.22
MT 2,400 $180.06 $157.884 $149.51 $162.05 $150.70 $144.81
WA* 2,000 $167.222 $158.00 $153.40 ** $153.89 **

* Plus #2
** None reported of the same quality at this weight or near weight
(***) Steers and bulls
(?) As reported, but questionable
NDNo Description
1500-600 lbs.
2550-600 lbs.
3600-700 lbs.
4650-700 lbs.
5700-800 lbs.
6750-800 lbs.
7800-850 lbs.
8850-900 lbs.

 

 

The summary below reflects the week ended March 23 for Medium and Large 1 – 500- to 550-lb., 600- to 650-lb. (calves), and 700- to 750-lb. feeder heifers and steers (unless otherwise noted). The list is arranged in descending order by auction volume and represents sales reported in the weekly USDA National Feeder and Stocker Cattle Summary:

 

The summary below reflects the week ended March 23 for Medium and Large 1 – 500- to 550-lb., 600- to 650-lb. (calves), and 700- to 750-lb. feeder heifers and steers (unless otherwise noted). The list is arranged in descending order by auction volume and represents sales reported in the weekly USDA National Feeder and Stocker Cattle Summary:

 

The summary below reflects the week ended March 23 for Medium and Large 1 – 500- to 550-lb., 600- to 650-lb. (calves), and 700- to 750-lb. feeder heifers and steers (unless otherwise noted). The list is arranged in descending order by auction volume and represents sales reported in the weekly USDA National Feeder and Stocker Cattle Summary:

 

The summary below reflects the week ended March 23 for Medium and Large 1 – 500- to 550-lb., 600- to 650-lb. (calves), and 700- to 750-lb. feeder heifers and steers (unless otherwise noted). The list is arranged in descending order by auction volume and represents sales reported in the weekly USDA National Feeder and Stocker Cattle Summary: